dragoula

BITCOIN falling wedge waiting for an increase in volume!

BITSTAMP:BTCUSD   Bitcoin
BTC/USD

Bitcoin bullish falling wedge waiting for an expansion of volume to confirm a breakout in price.
This downtrend indicates a falling wedge pattern over time (with a constant decrease in volume) that is getting near the apex of the converging trend lines, which suggests an eminent breakout.

All we have to do is wait for some volume increase in the next few days. Otherwise a breakout may fail.


*Disclaimer: This is not financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.